Section 276 | Parts of trades and undertakings ^F1

(1)Sections 274 and 275 apply in relation to part of a trade or undertaking as they apply in relation to a trade or undertaking.But this is subject to subsections (2) and (3).^F1

(2)If—^F1

(a)a building is in use for the purpose of a trade or undertaking, and^F1

(b)part only of the trade or undertaking is a qualifying trade,^F1

the building is in use for the purposes of the qualifying trade only if it is in use for the purposes of that part of the trade or undertaking.

(3)Maintaining or repairing goods or materials is not a qualifying trade if—^F1

(a)the goods or materials are employed in a trade or undertaking,^F1

(b)the maintenance or repair is carried out by the person employing the goods or materials, and^F1

(c)the trade or undertaking is not itself a qualifying trade.^F1